AFP - Iran said Saturday it had finalised a deal with South Korea to trade oil for goods, skirting renewed US sanctions. "A mechanism has been devised for returning oil export revenues from South Korea, by which Iran's oil export revenue will be bartered with imported goods," Hossein Tanhayi, head of the Iran-South Korea chamber of commerce, told ...

IRNA- The head of the joint chamber of the Islamic Republic of Iran and South Korea proposed to draw closer economic relations between the two countries by forming a joint barter fund for commodities. 'Since 1998, we have economic cooperation with South Korea, and this cooperation has the capability to expand,' Hossein Tanhaie said on Tuesday evening ...